'The Board of Directors also examined developments related to recent decisions taken by the Federation Internationale de l'Automobile during an extraordinary meeting of the World Motor Sport Council on 29 April 2009. Although this meeting was originally called only to examine a disciplinary matter, the decisions taken mean that, for the first time ever in Formula 1, the 2010 season will see the introduction of two different sets of regulations based on arbitrary technical rules and economic parameters.

'The Board considers that if this is the regulatory framework for Formula 1 in the future, then the reasons underlying Ferrari's uninterrupted participation in the World Championship over the last 60 years - the only constructor to have taken part ever since its inception in 1950 - would come to a close.

.........If these indispensable principles are not respected and if the regulations adopted for 2010 will not change, then Ferrari does not intend to enter its cars in the next Formula 1 World Championship.

I wish I was around when the regulations were much more lax and cars had hp figures in the thousand+ range. I think that lax of rules led to much more advances in actual new consumer use products. Carbon Fiber, F1 transmission, traction control, exotic materials, etc. etc. I can imagine it wasn't as political either.(just a guess I wasn't alive)

This season the racing is so close, and we finally have cars that actually have mechanical grip. No more of those silly grooved tires. The new regs they updated for this year have had a very good impact on getting the lap times much closer. There isn't even a need for the 107% rule any longer.

I remember back in the late 90s, it was an achievement just to get within a second of the pole sitter. Now we have almost every team within 2 seconds of the fastest lap times. Hell, even the Force India cars are faster with light fuel than the front runners are when they are heavy.

The latest regs have improved the action on the track, big time. The downside is that the 2010 regs are crap.

Hopefully the FIA will open their ears a bit, as they did with the elimination of the medal system recently. The teams need to dig in their heels, as they are, to get the FIA to hear them. Sounds childish, but if it's what they have to do, it is what they have to do.

I wish I was around when the regulations were much more lax and cars had hp figures in the thousand+ range. I think that lax of rules led to much more advances in actual new consumer use products. Carbon Fiber, F1 transmission, traction control, exotic materials, etc. etc. I can imagine it wasn't as political either.(just a guess I wasn't alive)

You don't think it was political back in the 80s or 60s? Oh man, go read about the FOCA vs. FISA battles. Go read about the turbo era. Go read about the introduction of the Cosworth DFV.

THIS IS NOTHING NEW TO THE SPORT.

These politics have existed for as long as the F1 world championship, $hit even longer. Since Grand Prix racing started. It will never go away.

This in part and parcel of Grand Prix racing, sorry to say. If it bugs you a lot, go watch Spedvision World Challenge or kart racing.

This season the racing is so close, and we finally have cars that actually have mechanical grip. No more of those silly grooved tires. The new regs they updated for this year have had a very good impact on getting the lap times much closer. There isn't even a need for the 107% rule any longer.

I remember back in the late 90s, it was an achievement just to get within a second of the pole sitter. Now we have almost every team within 2 seconds of the fastest lap times. Hell, even the Force India cars are faster with light fuel than the front runners are when they are heavy.

The latest regs have improved the action on the track, big time. The downside is that the 2010 regs are crap.

Hopefully the FIA will open their ears a bit, as they did with the elimination of the medal system recently. The teams need to dig in their heels, as they are, to get the FIA to hear them. Sounds childish, but if it's what they have to do, it is what they have to do.